As you get closer to transitioning your farm to the next generation, have you ever thought about what the last tax bill for your farm might look like? If you've taken advantage of tax deferments, that number might surprise you.

In his weekly Finance First post on FarmFutures.com, Darren Frye, President and CEO of Water Street Solutions, talks about how proactive tax planning is part of the legacy of your farm. Read it HERE.

Renting farmland is probably your largest expense. Cash rents are historically high, but how long will the upward trend continue? Most farmers haven't needed to negotiate cash rent downward, but what will happen if we need to?

In his weekly Finance First post on FarmFutures.com, Darren Frye, President and CEO of Water Street Solutions, writes about how to build strong relationships with your landlords. That helps create a strong foundation for negotiating with them in the future. Read it HERE.

A lot of times farmers have a hard time selling grain because of the emotion surrounding the process.  The same thing can happen with other assets on the farm when we are not focusing on the business' bottom line.  Darren Frye, President and CEO of Water Street Solutions talks about that with Dewey Nelson from KRVN.   Don't Fall in Love with Your Farm's Assets Frye AUDIO

For the text of the interview, click here: Don't Fall in Love with Your Farm's Assets

What sets apart the most financially successful farmers from the rest? Darren Frye, President and CEO of Water Street Solutions, talked with an ag banker about this topic - and the banker's answer may surprise you.

Darren writes on this in his weekly Finance First post on FarmFutures.com. Find out how you can use financial information to get an objective view of the assets on your farm. Read it HERE.

Once you finally get in the field, you'll be going hard - but you should have some thinking time in the cab.  David Dam, Director of Training at Water Street Solutions gives you something to think about.  He talks about it here with Dewey Nelson from KRVN.  Harness the Power of Your Tractor Time and Your Business Gauges  Dam AUDIO

For the text of the interview, click here: Harness the Power of Your Tractor Time and Your Business Gauges